Weekly Target (3June to 7 June 2013 )

Written By Unknown on Saturday, June 1, 2013 | 8:01 PM



5941 is the strong support. Upside again target above 6050.

Nifty Future- (6000) on the way up key a Major resistance at 6043  Closing above  6043  tham  nifty lead to 6080/6120 area.  below 5943 strong support at 5900.  do not short at near lower level.

Tata Motors(316)  Buy at decline at 310  for objective of  324/332  area. break above 332  than should lead the stock towards 336 area. Keep stop below 304 area. Very positive bias for this stock.

Maruti(1615)  Buy at cmp for objective of  1645/1660  area. Now break above 1660  than should lead the stock towards  1680/1700  area. Keep stoploss below 1600 area. Very positive bias for this stock.

Infosys. (2410) Intimate Buy position in future at 2390 area. For an objective of  2455/2475. Keep Stoploss below 135.

Divis Lab. (980) Buy  future at any decline  rate nr. 965 with stoploss below 955 area for an objective for 1010/1025 area.  intimate 5 days position.

IFCI (25.5) Buy  future at rate nr. 24 with stoploss below 23.5 area for an objective for  28/30 intimate 5 days position.

Axix (1435)  buy at cmp for objective of  1465/1490 area. Now break above  1490  than should lead the stock towards  1525 area. Keep stoploss below 1418 area. Very positive bias for this stock.

Godrej Ind. (293) Buy  future at any decline  rate nr. 288 with stoploss below 283 area for an objective for 302/308 area.  intimate 5 days position.

Larsen (1410) Buy  future at rate nr. 1385  with stoploss  below 1372 area for an objective for  1450/1470  intimate 5 days position.

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